Brief: Oerlikon Q1 Group Sales +5%, Driven By Surface Solutions

OC Oerlikon AG, Pfaeffikon

03/05/2023 06:17

May 3 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON
 OERL.S :
    * CONTINUED STRATEGY EXECUTION; SUCCESSFULLY CLOSED
ACQUISITION OF
RIRI
    * GROUP SALES INCREASED 5% (+11% FX ADJUSTED), DRIVEN BY
SURFACE
SOLUTIONS
    * CONFIRMING FULL-YEAR GUIDANCE: SALES, INCLUDING RIRI, OF
CHF
2.90-2.95 BILLION AT CONSTANT EXCHANGE RATES AND OPERATIONAL
EBITDA MARGIN OF 16.0-16.5%
    * ORDER INTAKE IMPACTED BY ORDER POSTPONEMENTS IN POLYMER
PROCESSING SOLUTIONS.
    * GROUP OPERATIONAL EBITDA MARGIN OF 15.8%. SURFACE
SOLUTIONS
IMPACTED BY HIGHER INPUT COSTS AND SALES MIX EFFECTS FROM
INCREASE IN DEMAND FOR EQUIPMENT AND MATERIALS.

Source text for Eikon:  ID:nEQ1HZ6f0a 
Further company coverage:  OERL.S 

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